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Democrats Who Voted For The Cromnibus Received Double The Money From Wall Street Than "No" Voters
While the government may have voted itself some $1.1 trillion to spend until the end of fiscal 2015, the biggest contention in the Cromnibus, or as it is also known, the Cronybus, vote which passed the House with the narrowest of margins on Thursday night, was the swaps push-out provision - drafted by Citigroup - and which, as we detailed yesterday, could put American taxpayers on the hook for up to $303 trillion in gross notional derivatives as a result of "siloing" swaps, and their associated risks, in FDIC-insured operating companies.
We stated that "we now know with certainty that to a clear majority in Congress - one consisting of republicans and democrats - the future viability of Wall Street is far more important than the well-being of their constituents."
The only question is what was the (s)quid for this particular quo. Now thanks to an analysis by the WaPo, we have the answer.
First, it should come as no surprise that Republicans would be willing to vote for a bill that seeks to indemnify Wall Street from future failure. After all, Wall Street's proximity to the GOP, and vice versa, is hardly a contentious issue. And yet, it was "only" 162 republicans who voted for the Cromnibus - some 67 voted against. Which means that whipping the 57 democrats who also voted for the Bill to get the crucial 218 passing votes was far more critical to assure passage of the swaps push out provision.
The map below shows the final geographic breakdown of the vote by party:
What exactly motivated those 57 Democrats to break ranks with the rest of their party - the 139 democrats voted against the spending bill - and to be not only on the receiving end of Elizabeth Warren's ire, but also accountable for dumping a few hundred trillions of derivatives into the laps of US taxpayers.
The answer, what else: money. The WaPo reports:
"We cross-referenced the vote with data from the Center for Responsive Politics on how much each member had received in campaign contributions from the finance/insurance/real estate industries. This isn't only from PACs affiliated with those industries, we'll note; it also includes employees of firms in those industries. On average, members of Congress who voted yes received $322,000 from those industries. Those who voted no? $162,000. Here's the split by party.
Averages can be deceiving, of course, so here's another way to look at it. We color-coded each member of the House by party and then by how much money he or she had received from those industries as a function of the member who had received the most. On the chart below, darker colors mean the members took in more cash from the finance sector.
It's clearly noticeable, particularly on the Democratic side, how those who had received the most in campaign contributions were also more likely to vote "yes" on the bill.
WaPo tries to hedge what is clearly influence peddling by Wall Street: "It's important to remember that there isn't as clear a line from campaign contributions to congressional votes as people often assume. That's a tough argument to make in this context, of course, but it's worth remembering that it's not clear in which direction the influence flows. Did the financial, et al., industries give to these members of Congress because they are more likely to be sympathetic on issues such as bank deregulation? Did Congress vote for deregulation because of the contributions? The answer is a third option: Influence is complex and often impossible to trace."
Actually, no. The answer is indeed as simple as it appears after a cursory glance: the criminal syndicate that is Wall Street, a syndicate that has seen zero incarcerations over the Great Financial Crisis, and instead has paid of regulators and any cops on the beat from throwing bankers in jail thanks to some $178 billion (and counting) in kickbacks to the government...
... traffics in money: money spent to purchase the goodwill, influence and votes, of "for sale" puppets in Washington.
Most importantly, none of the above is to insinuate that Democrats or Republicans are more "pro-Wall Street":
The No. 1 recipient of contributions from those industries is that dark red box in the middle of the Republican "yes" votes: Speaker John Boehner.
The reality is that both parties are equally guilty of aiding and abbetting the robbery of the middle class by Wall Street and its "privately-owned" Federal Reserve.
What is most insulting is how cheaply Wall Street's Congressional marionettes will betray their constituents.
Finally, as long as Wall Street is allowed to purchase votes and peddle influence for what amounts to pennies on any given bank's quarterly EPS number, nothing will ever change, until what little is left of America's middle class realizes just how corrupt the American system of government has become, and changes it. Violently. Unfortunately, with $303 trillion derivatives it has just been saddled with, it is now far too late.
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The best government that money can buy.
The 0.1% have more wealth than the bottom 90%. And they own more politicians than the bottom 99%.
The end-of-year spending bill deal crafted by congressional leaders Tuesday would dramatically expand the amount of money that wealthy political donors could inject into the national parties, drastically undercutting the 2002 landmark McCain-Feingold campaign finance overhaul.
The language – inserted on page 1,599 of the 1,603-page bill – would allow individuals to give three times the annual cap on national party donations to three additional party committees set up for the purposes of the presidential conventions, building expenses and election recounts.
That means that a donor who gave the maximum $32,400 this year to the Democratic National Committee or Republican National Committee would be able to donate another $291,600 on top of that to the party’s additional arms -- a total of $324,000, ten times the current limit.
http://www.washingtonpost.com/blogs/post-politics/wp/2014/12/09/spending...
in not so many words:
http://www.philiacband.com/propaganda.html
How many of those who voted have a dual citizenship to a certain country in the Eastern Med ?
Haiti?
Dolla dolla bill yo.
The problem is fiat money. Until we are back on gold it never gets fixed.
Cromnibus = Criminal omnibus
Right. Criminibus for short. And I wish it would head over the cliff.
Chuck 'Get To Work For Wall Street & Screw The Middle Class Cocksucker Motherfucker Seditionist Israeli Citizen Bug Out To Tel Aviv' Schumer whipped the few remaining non pro-Zion Demoncrats into submission.
Israel & its 8 million citizens owns your collective ass, American Taxpayer Collateral.
Krugman, Schumer, Rahmmanuel & Dershowitz on the Zion left & Kristol, Perle, Krauthammer & Murdoch on the Zion right!
American children, taxpayers, blood & human sacrifices for Tel Aviv! Shalom!
"What is most insulting is how cheaply Wall Street's Congressional marionettes will betray their constituents."
If anybody here thinks that the cash and gifts stop at campaign contributions I have a lightly fracked shale gas well to sell you...
ZH likes to concentrate on the "Carrot" - which is very evidently in play these days.
One wonders whether the "sticK", whilst not so visible, may be actually the prime motivator - via the traditional "indirect process" of course - http://www.washingtonmonthly.com/political-animal-a/2012_12/the_most_undercovered_story_of042089.php
YO.
You talkin' to ME?
Obviously, YOU are a self described 'non-TYLER'.
WTF is 'ZH'? Try answering THAT question, you carrot-sticking twat.
I've got your 'indirect process', right HERE, you little...
That chart is a metaphor for Amerika.
The "no voters" got paid the most for doing nothing.
This is true for real. You need to be thinking about secret off-shore bank accounts. "Special retrement accounts in the Cayman Islands"; for real, dude; it ain't no campaign contribution, that was already covered. lthis is serious biz. we're talking Billions, here, cuz. The payoffs be good, dude.
'Criminal Omnibus'...
By any other name, a 'spending bill' rose could smell 'so sweet'!
Balancing the budget never occurrs to the 'PARTIES'. It's like 1999. That's not 'modern'.
The band 'SWEET' had a 'B' side to their 45 RPM 10-inch vinyl single 'Love Is Like Oxygen'. It was all about pole-dancing women:
https://www.youtube.com/watch?v=_8kFkZkkeY4
Johnny BONER doesn't know what to do, I guess. all PRAISE the youngest member of the IMMORAL MAJORITY (as he sucks Obama's dick).
JEB CLITTON ('16)!
Dig The Sweet. Never heard that tune. Should have been the A side. Thanks for the link.
"Cromnibus = Criminal omnibus"
Indeed. Even though both 'Parties' are the two side of the same fiat casino coin, I'd like to flag this result every time some idiot or troll spews their "Liberal" or "Democrat" garbage. Not going for the distractions or the divide & conquer, but can't vouch for others being able to resist that temptation.
-lol.....
no, silly.... hawaii
re-
re-
re...peat ?
no, studder- g
Does it matter what country? The point is they have divided loyalties between Americans and some outside party. This cannot stand any longer for any purpose.
These Motherfuckers deserve no less than to be lined up before a Fireing Squad. PERIOD!
I volunteer to do my civic duty...BT
Sorry Au, just saw your comment after making the same comment much further down. Soes anyone have an answer before they tick you up or down?
"Money don't buy everything'; but whatever it don't buy, I don't need."----- "Money won't buy love, but it sure will buy a Jaguar Sedan and a blow job"----- 'It's all about the money, honey".
"could put American taxpayers on the hook for up to $303 trillion in gross notional derivatives"
I have no direct interest, as anyone can guess, I do not work on wall street ... however, what is the alternative?
if we are this deep into the hole isnt a little bit too late to have second thoughts?
if there are already 303 trillions out there how in the world could american people separate themselves from wall street? just by one lousy vote ... dont think so ... this is just a formality to put a face in what is going on and is already in the works.
We could build a wall around it and put all the bought pols and treasonous criminals inside and then douse it with napalm until we run out of napalm. That is one way to get rid of the problem.
Seriously, these things are not hard to figure out.
Nuke the entire site from orbit. It's the only way to be sure.
Hey dummy. They want to expand that to 400 or 500 trillion and can only do that by gambling with the deposits. They want to fuck us harder!
well, smarty, what you gone do about it?
call your congressman?
or throw the bums out?
just take it like you always do, and shut the fuck up ... you dig?
Not a damn thing! I have beer to drink and there is football on all day and night tomorrow. maybe I'll consider a plan of action after my hangover ends on Tuesday.
okay then .. i am with you.
well, folks...therein lies the problem and has for the last 50 plus years. No wonder the barn has no horses and the fields lay baren.
There is nothing cute or desirable about stupidy or ignorance, but for politians and financial titians you are there bread and butter and jam on top.
Merry christmas, hopefully you and you family will have a roof over your heads next year to keep the snow off your plastic Walmart x-mas tree.
"could put American taxpayers on the hook for up to $303 trillion in gross notional derivatives"
Yes, it's just that simple. Listen to Sen. Warren explaining how this provision is ALL WRONG, having been written by Wall Street couched in terms of helping 'farmers' hedge their losses etc etc.
OH FUCK. More cornpone crap coming out of Wall Street's bloody mouths, mouths dripping with blood. But Sen. Warren is no one's fool:
http://www.c-span.org/video/?323252-9/senator-elizabeth-warren-banks-der...
What this provision - if passed - means: If you enjoyed The Jon Corzine Derivatives Show then you're gonna LOVE the Citicorp/Chase/BofA Derivatives Show and you're gonna pay for it as well.
FDIC bitchez. E mail your Senator now AND JUST SAY NO THANK YOU.
And thank Senator Warren for objecting to the fucking future disaster.
Brooksley Born may also have a thing or two to say about it.
"could put American taxpayers on the hook for up to $303 trillion in gross notional derivatives"
LOL. Oh there'll be some people "on the hook" alright. Just not so sure it'll be only Joe Six Pack.
You're niave - if you leave the liability in the holding co or special purpose sub and dont pay - you declare BK and there are no effects on bank insured deposits so the CDS holder gets fucked - whats wrong with that? they took a gamble and got fucked - fine with me -
nationalize the banks that are left and recapitalize and let the liabilities go - is cheaper for everyone
truth is they took this to the last minute when the CDS are climbing in value and the game is public so the connection to the liability from the legislation is obvious
with this done and Obama's signature we have the entire system stolen for generations - country isnt worth saving too many clowns that need to be eliminated
"so the CDS holder gets fucked"
When the CDS holder is Citi-Chase-BofA YOU get fucked.
it's about time something was done about this joke of a donation limit. $32,400 is just not proportional to $303 trillion. you shouldn't be sold so cheeply.
Was thinking the same thing. What is wrong with these lobbyists that they can't come up with anothermeasly 35 million to bring the other 200+ representatives up from $162,000 to $322,000 in donations? Then they could control all of them and we wouldn't have to labor over these close votes that stress us out. I mean we should really just learn to sit back and know without a doubt that none of these assholes are on our side instead of constantly being on the edge of our chair during these votes wondering if these guys might really care and might not fuck us.
ummmm...it got raised to 800,000 plus with this bill. In the fine print, look carefully.
Jesssssus, folks...game over. Get some nice drugs and enjoy the sunset, and hope that there is some counrty your kids can sneak over the border and into, and plant potatoes or something.
CUNTS!
With apologies to "cunts", right?
Many thanks to the republicans who have proven beyond any shadow of a doubt that you are more corrupt than in our worst nightmares...
Traitors. Prue and simple, for all to see.
No shit. It's hilarious hearing people talk about how all these 'true conservatives' are going to come in a put the country back on track. I just remind people of what good they did last time they had complete control- nothing. Nothing at all. At this point it's beyond saving anyway, but it would be nice to see them at least pretend to do their jobs.
"True Conservative" means absolutely nothing.
Not a dimes worth of difference...
Yeah. What's interesting about this and nearly every other issue before Congress is that the issues have little or nothing to do with their intellectual content. That is, you get what you pay for. After the Citizens United decision, this trend is all but locked in stone.
Politicians are rotten and make me sick.
Next election we'll get some good ones to choose from...yeah right...pull my finger.
Here's Lieberman proposing an "Internet Kill Switch": https://www.youtube.com/watch?v=ttvuSqaxF-c
Some people suggest a "Lieberman Kill Switch".
Lieberman: "Some people should be arrested".
oh gosh the tribe never sleeps
they wanted Joe Lieberman for President back like 1996 or something.
Now he is just a war monger. A seller of Death. The Death Merchant.
Oh shit! Lieberman's still around?
Coil - The New Backwards - Careful What You Wish For
You could get your eye poked out by a BB gun or have a tonue stuck on a American Flag pole. Wnks.
You'll shoot your eye out kid.
You have to have fun with understanding the layers of onion depths. They hate are guts when we fire back. It's called the invisible warfare game. Suck are nuts imbeciles.
/LOL
All bullshit. They all get money from the banks and the fact that it was close just means they wanted it to be dramatic and they wanted to let the maximum number of liars off the hook. Every yes and no vote was negotiated. There are no principles in DC.
Simmer down. They have no money. Repeat that 10 times...
Endeavor to persevere..... https://www.youtube.com/watch?v=rsL6mKxtOlQ
Ask the average American what derivatives are... And they will say "its a new dance spinoff of twerking?"
They think it's some kind of food....
CONgress = BOUGHT - lock, stock, and barrel.
Citizens (Serfs) = SOLD - to the highest bidder.
When this last straw of derivative banking collapses and the banks look to tax payer bailouts, there will be no resources to do it. That's why Obama has agreed to this. If the banks can't structure this debt this time around its the collapse of America and the dollar. No more gold or resources to prop up the petro dollar.
Why doesn't Elizabeth warren acknowledge that the derivative market is bigger than 600 trillion and that no amount of money will ever stabilize this economic paradigm? If she thinks the banks are too big to fail, what is her alternative? Does breaking Citigroup take away derivatives? Will we somehow wipe clean this debt if we take down Citigroup?
Something smells fishy with everyone! How does a rookie senator become chair of congress?
Who gains to benefit if Citigroup is dissolved? Unions? I don't know.
But for her and the rest of government to put their heads in the sand to the Ponzi scheme market of derivatives and not come out and say its bigger than all the economies of the world, is irresponsible.
Malpractice is what it is. But we are all in self destruction and no one is bringing permaculture into society. So I guess I'll just watch more zero hedge self destruction with all of you without any synergy or communion. Just total domination and propaganda for who or whatever agenda.
"Something smells fishy with everyone! How does a rookie senator become chair of congress?
well, there is precedent there ... a rookie senator become President didnt he?
however, you might be into something with the unions there ... but most likely, it is probably the socialists or the commies ... i always wonder about Obama where does he stands deep deep down ... who knows
This is where he stands DEEP DEEP DOWN:
http://www.opinion-maker.org/2010/08/obama-all-in-the-company-part-i/
I'm pretty sure that quite a few ZHers have flagged the fact that the $600-1000 Trillion in notional Derivatives is more than the notional value of ALL ASSETS ON EARTH.
The Pros on Wall St, and quite a few elsewhere on the globe know that when the Dynamic Equilibrium of Derivatives fails, the Fed and the US Gov't you can no more stop than monetary avalanche from swamping all, than can a Snow-Grooming machine at a ski resort stop a snow avalanche.
It is pure and unadulterated, supreme Arrogance of Pride, and, pure Ignorance, and pure Lies & Deceit to claim otherwise.
Suck on this teat.
Pathetic!!!
And we are surprized by this profound revelation?
Sen. Bernie Sanders (I-Vt.) said he will introduce legislation to break up Wall Street megabanks that are using a bill before the Senate today to put taxpayers on the hook for the banks’ risky investments.
Sanders outlined the proposal as the Senate, in a rare Saturday session, prepared to take up a House-passed bill that would roll back a law limiting risky investments like those that caused the financial crisis of 2008 and the recession that followed.
“Over the last several days, it has become abundantly clear that Congress does not regulate Wall Street but Wall Street regulates Congress. If Wall Street lobbyists can literally write a provision into law that will allow too-big-to-fail banks to make the same risky bets that nearly destroyed our economy just a few years ago, it should be obvious to all that their incredible economic and political power is a huge danger to our economy and our way of life,” Sanders said.
Lobbyists for Citigroup drafted the measure and JP Morgan CEO Jamie Dimon reportedly called congressmen to lobby for the provision that would gut a key provision of Dodd-Frank, the Wall Street reform law passed in 2010.
“Enough is enough,” Sanders said. “Today, almost all of the too-big-to-fail banks are bigger and even more powerful than they were before we bailed them out. The six largest financial institutions have over $9.8 trillion in assets — the equivalent of more than 60 percent of GDP. They issue over half of the mortgages and more than two-thirds of the credit cards in America.
“If Congress cannot regulate Wall Street, there is just one alternative. It is time to break these too-big-to-fail banks up so that they can never again destroy the jobs, homes, and life savings of the American people.
http://www.sanders.senate.gov/newsroom/press-releases/wall-street-runs-w...
I'm with Bernnie on this one.
Bernie Sanders, American socialist, wants to "save" America. He'd probably like to have you think it's his idea.
Let me make it simple for ya', Bernie ol' boy. Just reinstate Glass-Steagle. Job done.
If you want to really "make a difference", require that ALL lobbyists register just like FASA agents do. Require that all meetings by anyone in government, at any level, and any lobbying group, be a) open to the public and b) video-recorded with the videos accessible online 24 hours a day for 100 years. Anyone, in Congress, government or lobbying firms caught breaking the law must serve a mandatory 10 years in the federal pen. No time off for good behavior, no credit for time served beforehand. That includes any family members of any of the groups aforementioned. Problem of corruption solved.
Only honest man in Washington! Good luck Bernie. You will need it in spades.
Dummy,
you dont get in there by being honest man ... you dig? they might have different colours but honesty is not one of them...
The trouble with decimating six vampire squids is that all you get is sixty new vampire squids.
I know that "Breaking up is hard to do", and even if absolutely necessary, a Breakup alone won't get to the root cause of this monetary cancer. It is merely a Bait & Switch trick, designed to buy more time, so that more people can be hoodwinked for even longer.
Let Libertarians (Ron Paul & Friends) figure out how to fix Wall St for good. I have some ideas that I think are pretty sound, but I won't presume to know better.
A single red rose to them all.
Oh please, have mercy!
Oh, not tonight congressman... not tonight!
DC= DISTRICT of CRIMINALS.
End the empire before it ends us.
DC Band Faggot
Welcome to President Obama! United States President..Is that a direct quote from OB?
elitist thievein' banksters and their boot-lickin' congressional lackeys must be the 1st to have their heads fillin' the baskets.
Liz Warren is the only woman in Congress fighting the Oligarchy tooth and nail.
Lets face it ZH, its time to acknowledge those who fight for the values ZH has always defended, even if she is not a tea drinker and believes in the role of the state.
You cannot be so delusional as to make secondary the cause that this blogsite has always defended : Reign in the banksta scam ! Pronto !
All other issues are secondary. Man up ZH.
~"Liz Warren is the only woman in Congress fighting the Oligarchy tooth and nail."~
LOL. Must be all that Cherokee maiden warrior blood in her, eh falak? You think her inured to all the "RUN, ELIZABETH, RUN!!!" chants from Obama supporters? Really? You call it "fighting the oligarchy", I call it positioning and posturing. She's been a government trough feeder her WHOLE DAMNED LIFE. So spare me, please.
Stereotypes are a riot when it comes to Jews who are creating racism. This is 95% view of you in real world time. You’re lucky the niggers haven’t capped you off yet. New immigration enrollees will follow second battalion force.
BMW e39 M5 burnout scares Jews
Enjoy!
Well if you have another candidate made of flesh and blood?
No martians please, I'm all ears!
Her cherokee blood, real or imagined, has given her the right genes : those of a woman who can tell fascism from its opposite. Not saying she is perfect. But perfection is not of this world.
Come on, every body else in Congress is just part of the scam.
She's part Indian or not you know.
Liz Warren is the quintessential get rich quick promising to protect the little guy psychopath that you rubes fall for again and again.
Reprobates and blind as bats the lot of ye.
Ponderable of the day: Does selling one's self and committing treason lead to the good life or the guillotine?
An American, not US subject.
Their lists are of those that know the truth. Our lists are of those that know treason.
Wishful thinking for Zero Hedge today. Let's run as third part candidates. I, for one, would look forward to arguing over how much bloat we can cut out of the Federal budget, and then doing it. Sure, as candidates we would catch hell from the mainstream media, but every person here should be used to it just by the sake of being here.
Funny how "I'll pay you this to do this," is a bribe, and yet, "Do this because I paid you this," is not.
Sort of like saying prostitution is, "I'll pay you this to fuck me," but not, "Fuck me because I paid you."
An American, not US subject.
The guillotine train follows the treason train.
Do you see the correlation? Above post.
In the next 'must pass' bill, get someone to include text requiring all politicians to display the corporate logos of their sponsors.
$322,000: not a bad paycheck for a day's work.
Arrest Loyd Blankfein as a matter of national security (Putin).
Lloyd Blankfein might just die eating a Michelle Obama salad bowel dish. Mmm, mmm, mmm.
Wondering if Warren really thinks she has any influence fighting an uphill battle alone or just continues on for good theater
https://www.youtube.com/watch?v=DJpTxONxvoo#t=240
A feather, bow & arrow, and tomahawk might help her overturn a bad deal. She’ll need 1,000 + American Indian engines (ijin ) to storm into town. Get it Liz?
Here's an American Indian issue that Liz should be fighting...we all should...they're stealing indian land again:
The Southeast Arizona Land Exchange and Conservation Act is a House bill sponsored by Rep. Paul Gosar (R-AZ). It was tacked on to the annual must-pass NDAAalong with several other land-related bills by Sen, John McCain (R-AZ), according to the Huffington Post. The House approved the land swap bill December 4 and sent it on to the Senate for a vote. If approved by the Senate and signed by President Obama, the land swap provision will allow Resolution Copper Co., a subsidiary of the controversial international mining conglomerate Rio Tinto, to acquire 2,400 acres of the federally protected public land in the Tonto National Forest in southeast Arizona in exchange for 5,000 acres in parcels scattered around the state. The United Kingdom-based privately-owned global mining corporation reportedearnings of copy0.2 billion in 2013, a 10 percent increase over the previous year.
Resolution Copper plans a massive deep underground copper mine on the San Carlos Apache’s sacred landscape and has already begun drilling the shaft in anticipation of the land swap bill’s approval.
Read more at http://indiancountrytodaymedianetwork.com/2014/12/12/57-affiliated-tribes-northwest-indians-urge-senate-nix-sacred-land-giveaway-158266but BIA website shows Obama signing over large tracts of land to the Navajos...
Bia.org or bia.gov
So what are you saying???
act, sie is nur ein schouspieler.
or some thing, eh?
"Twice as much as" would have been double better than "double than."
Democrat Grifters?
If this article is meant to insinuate that our Honorable Public Servants would sell their souls to Wall St. for a mere pittance - sticking the taxpayer with a $300Trillion tab in the process - are nothing more than scum-scucking vermin, then I vehemently object!
Vermin have more self-respect and wouldn't sink so low.
i remember this last harley davidson anniversary. they all drove through washington d.c and it didn't even make news.
those people weren't clinging to bibles and guns they were clinging to the handle bars of their motorcycles.
maybe they are all waking up now and will soon be cling to their bibles and guns.
or maybe there is no hope for western civilization.
1.1 trillion and gay marriage for everyone in america ! YEAH!
what a rigged game. boehner and the elite republicans are traitors imo.
voting 3rd, 4th, 5th party is only ensuring a spoiler event and the washington insiders already have that angle covered.
and that's what they want, why not, obama might as well be the president to finish the job and establish 100% european socialism in the country, so we can have drones taking out terrorists in LA so it looks just like israel here on t.v.
hoo ra, the death of freedom and liberty in america, right before your eyes
“While the government may have voted itself some $1.1 trillion…”
Did I miss something?
I thot they were going to establish a committee of private citizens to investigate and recover the $9-$11 Trillions (at least) that went missing from DoD, HUD and SSA; among other amounts and agencies. Here, watch Donald Rumsfield tell Congress that he couldn’t account for $2.3 Trillion stolen from DoD. It was very conveniently timed. It was disclosed elsewhere that a team of accountants were then examining related documents at an office in the Pentagon. Within 24 hours of his testimony, a cruise missile reduced this office to a pile of smoldering rubble.
Or what about the $2 to $5 Trillions in surpluses that show up on books of city and county, special districts and state governments. These surpluses are held as cash and bonds, real estate and stocks, domestic and international; they represent taxes over-collected… taxes that were not needed for normal government functions. When I did my research on this (about 2000), such surpluses for California divided out to $20,000 for every man, woman and child in the state; then I factored in amounts hidden in footnotes, the “dividend” ballooned to over $40,000 for each individual. See, for example, “Who Owns City Hall?“ and Of Lords and Cattle.
These surpluses lead to a couple of questions, at least, ‘Who owns them?’ and ‘When do I get my dividend?’
It seems to me that recovering this booty would be more sensible than authorizing more debt. It would enable the government, for example, to cut taxes in half, or even collect no taxes for several years. It would make it easier for men to raise their children; for, when money is take from men without an equal exchange, men are less able to provide for their children. The government has even acknowledged this in the Supreme Court, yet it still imposes confiscatory taxes.
Ah, the mind spins with possibilities.
Clesthense-Donald Rumsfield tell Congress that he couldn’t account for $2.3 Trillion stolen from DoD.
Many people who make this claim about all of a suddent Rumsfeld and the pentagon couldn't account for $2.3 trillion forget to mention that during the entire statement he said over that last many years meaning before he got there and over many Defense Secretaries that this has happened. Many don't full state that and IJTYSK.
Yet people make the claim that Rumsfeld lied. He was at the Pentagon on 9/11 helping rescue people from that building.
You’re getting off-point.
The real issue is that the money went missing (at all levels of government).
And, owing to the legal doctrine of “constructive knowledge”, it makes no matter whether bureaucrats in office had or did not have knowledge of such plunder.
By “constructive knowledge” a man is presumed to know, and be responsible, for all that occurs under his jurisdiction, regarding all kinds of human activity – whether baker or bureaucrat, judge or president.
In other words, when Goofy says, “Ah, shucks, I didn’t know nutin about it,” such testimony carries no weight in a court of civilized men.
That principle was superseded by "what did he know and when did he know it?"
They didn't call him The Great Communicator for nothing.
The Known Unknown... Or was that.. wait....
Of course, if your forum of redress is dominated by cutthroats, thieves or idiots.
As long as the sheeple stay distracted by the bullshit on TV, NFL, NBA, etc etc this will continue to happen.
How many of the Democrats who voted for the bill have dual citizenship? In other ords, how many also hold Israeli passports?
Just curious.
I simply asked a question and made no assertion. So will the person who down voted me please supply an answer before down voting? Or is asking a question a problem for some?
You are not supposed to even suggest complicity in crime by Judeo-Bolsheviks.
Ah... but who cares?
http://redressone.wordpress.com/exodus-pt2/
Historically, Bank Lobby funds Democrats and Oil Lobby funds Republicans.
Democrats and Bank Lobby are philosophically the same: Both want central control of the economy, that is why.
Repubs are mostly democrats in practice, by philosophically different.
Tea party sticks to the philosophy and practice, about 25% of republicans in congress. The other 75% of repubs in congress only talk repub, but act as pure dems
U never heard of status quo?
U R intellectually lazy.
Both Rs & Ds have things exactly as wanted while drawing in big funds from the Corporations, Elite, Wealthy, think tanks, & foundations... thank god for McCain-Feingold?
Ur head is up your ass.
1) money rules. there is no limit to soft money
2) you are neocon simpleton, with no ethos for elderly or fixed income
3) anyone neocon is missing humanity
Before i even comment no wonder this country is fucked. Tyler(s) you got a fucking job posting for the USPOS that no high school diploma required and no experience. $21per/hr $72k per/yr with bennies. What fucking idiot mook with no nothing for shit who might hate your country and you who isn't a citizen just to fuck up your life and maybe deliver your W-2 to an adress known for identity theft because its his cousin.
Hayek got it %100 spot on dead balls accurate when he wrote in "The Road to Serfdom" in the Chapter "Why the Worst Get on Top."
But I can never forget the chapter on "The End of Truth." Does this not say it all?
"Few traits of totalitarian regimes are at the same time so confusing to the superficial observer and yet so characteristic of the whole intellectual climate as the complete perversion of language, the change of meaning of the words by which the ideals of the new regimes are expressed. the worst sufferer in this respect is, of course, the word liberty."
"The situation in a totalitarian state is permanently and in all fields the same that it is elsewhere in some fields in wartime. Everything which might cause doubt about the wisdom of the government or create discontent will be dept from the people. The basis of unfavorable comparisons with conditions elsewhere the knowledge of possible alternatives to the course actually taken, information which might suggest failure on the part of the government to live up to its promises or to take advantage of opportunities to improve conditions-all will be supressed . There is consequently no field where the systematic control of information will not be practiced and unifornity of views not enforced."
The Road to Serfdom - Hayek
Chp- The End of Truth.
This headline is ridiculous. EVERYONE knows the Republican party is the party of the 1% and Banks...
Senate Spending Bill Thwarted by Late-Night Cruz ChallengeThe banking language, insisted upon by Republicans, would ease rules enacted to protect taxpayers against bank losses after souring derivatives trades helped cause the 2008 financial crisis.
Thank you Ted Cruz for blocking this legislation...
Actually it should be the Statists are the party of the 1%. Every democrat with the exception of Fauxchahontas voted for the same. The repubs some of the repubs who voted were lied to and thought this would be for going after a short term CR. Not saying there aren't republicans who want the same things as Barry, but they are not really republicans now are they.
That's why people are constantly trying to make the distinction between RINO's and conservatives. Not to say that some douche wont call themselves a conservative, but thats why you stay on top of what they do.
Relentless.
List if those who voted for this shit.
http://theconservativewife.blogspot.com/2014/12/list-of-those-who-voted-...
Our elected reps working for us.........
we bamboozled some voters
Like I said yesterday, I ain't payin' fuck all so that banksters can gamble. Screw CONgress!!! Goddamned bunch of thugs!
Here you have the difference between the repubicans and democraps. The repubicans will never vote with democraps but you can always get democraps to vote with repubicans. Spineless.
Republicons openly declare their support for the moneyed class, the ones that put them in office. Dempcraps claim to be the champions of the underclass, but they lie. They are just as beholden to the moneyed class as the Republicons. Democraps are just closet Republicons.
Many of those "NO" voting politicians will learn to do their own shakedowns for WS funding and then tell their constituents they need that big money to get reelected to fight the big-money interests. Ta dumb!
"Ave Maria" (Franz Schubert) Guitar Van
http://www.youtube.com/watch?v=-etSvkXZ2kU (3:04)
AVE MARIA in good sound by Mirusia Louwerse with André Rieu (2008).
http://www.youtube.com/watch?v=sZoZwdesumY (5:19)
Andre Rieu Show performing Shostakovitch "The Second Waltz" - because this is the second Gramm-Leach-Bliley Disaster Derivatives Provision to be accepted ...
https://www.youtube.com/watch?v=vauo4o-ExoY
There's always a tinge of dark foreboding in a beautiful waltz...
that was a great idea i read earlier, the congress people should have their voting robe on when voting, it would look like a nascar race car with donor logos all over them.
If Boehner had anything to do with it, Im sure it involved crying
Crymnibus
My Rep. Guthrie is such a douchebag. He votes however MCConnel wants him to vote. When it all comes crashing I hope I see his feet swaying. Alas, my district is full of mindless retards and I seriously think he may be the next Warlord and I'll have to band together with a bunch of hippies to try and thwart his rule. God, I hate the future.
repubs vs dems is like heads I win tails you lose
call it in the air.
The republican scammers are crafting the current lie that it was just the RINOs that passed this by a slim margin.
The truth is that the GOP had way more than enough votes to pass this.
They don't want to discourage the republi-sheep that there was WAY more votes they could have used to passed this, if needed.
They don't want to tip their hand, so they make it look like it was just a narrow win by the RINOs.
So what this shows is it will cost $300k per rep. to buy a vote.
"First, it should come as no surprise that Republicans would be willing to vote for a bill that seeks to indemnify Wall Street from future failure."
That should be a surprise, considering republicans claim to be free market supporters.